Placeholder Image

Subtitles section Play video

  • September 27 is in the books on Wall Street and it has been a day characterized by the first presidential election debate held on Monday night

  • Equity derivatives markets trading after hours were the first to react, seeing some gains immediately after the debate

  • The S&P 500 followed suit, shrugging off declines in the price of oil

  • It might seem peculiar that markets are already beginning to react to election speak, but the expectation of volatility should Donald Trump triumph in November

  • means markets are reacting positively to any indication of strength for the Clinton campaign

  • Analysts point to the Mexican pesos, one way which markets have been expressing their view on the election

  • It strengthened today, suggesting that a win from Mrs. Clinton is more likely, and that Mr. Trump's policies on Mexican trade agreements will not get a chance to come to fruition

  • Bond markets also reacted positively with representative investment grade and junk bond exchange-traded funds, both have seen price increases

  • while the benchmark ten-year treasury yield, which was inversely to price, dips slightly for the day

  • The market moves are relatively calm this far out from the election, with the VIX volatility index remaining muted after Monday night

  • And that's in New York Minute

September 27 is in the books on Wall Street and it has been a day characterized by the first presidential election debate held on Monday night

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it